Leviability of duty on capital goods cleared after being put into use for over 10 years-reg.

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....nment of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi dated 07.12.2009. To, The Chief Commissioner of Central Excise, Coimbatore Zone. Sir,....

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....cenvat credit has been taken, are cleared as waste and scrap, even after a period of 10 years, an amount equal to the duty leviable on the transaction value for such capital goods cleared as waste and....